Mr. Wrede previously worked at Dow Jones and nH2. It is withing a ten-minute drive from Downtown Mobile, The University of South Alabama, Spring Hill College and the Mobile Regional Airport. zip: 10075-0405. josh crane real estate spruce capital. Ari Kalton is the Controller and Chief Compliance Officer of S3 Capital. Prior to joining S3, she worked as a Payroll Manager and Accountant at Branded Restaurants USA. Let us help you prepare for your future." Transparency We maintain a policy of keeping clear [] Crains New York Business is the trusted voice of the New York business communityconnecting businesses across the five boroughs by providing analysis and opinion on how to navigate New Yorks complex business and political landscape. He received his B.S. The decision is a blow to the building owner, residential investmentfirm Spruce Capital Partners, which has been accused of illegally overcharging the residents of 1209 Dekalb Ave. in Bushwick at their rent-regulated apartments. During his time at Emory, Sam was also a member of the varsity baseball team. There are 434 units with landscaped grounds including a swimming pool and playground. About Spruce Capital Partners. It also provides easy access to I-70 and I-465, for a 15-minute drive to Indianapolis International Airport, or a 30-minute drive to the center of the city. Robert Allen Schwartz was born on month day 1917, at birth place, Illinois, to Albert Schwartz and Ida Christine Katherine "Christine" Schwartz (born Moeller). East Boulevard Development Company LLChas nabbed $80 million in construction debt fromS3 Capital Partners to finance the development of a luxury multifamily project in Charlotte, N.C. JLL Capital Markets closed the $56.75 million sale, the 2nd largest multi-family purchase in the history of Iowa, and arranged $45.4 million in acquisition financing for Spruce Properties, the multi-family investment affiliate of Spruce Capital Partners. Built in two phases (1973 & 1988), The Kings is a 408-unit multifamily property located in Kansas City, MO, Built in 1969, Eastwood Crossings is a 455-unit multifamily property located in Kansas City, MO, Built in 2019, Velocity is one of the nicest buildings in Des Moines. Walnut Court Capital, Managing Partner The firms Principals, Joshua Crane and Robert Schwartz, lead an accomplished team of 20+ dedicated professionals with specialized market knowledge and they bring an entrepreneurial approach to uncovering and creating value. Founded in 2007 by Joshua Crane and Robert Schwartz, Spruce's primary focus is delivering superior risk-adjusted returns. Prior to founding Spruce and S3 Capital, Robert helped run a successful family business where he established and grew the family's real estate investment program. The complex is located less than 30 minutes from the center of Indianapolis, which has seen strong growth in the distribution, tech, manufacturing, and healthcare sectors over the last several years. zip: 10075-0405. robert mr. schwartz principal spruce capital. He excels at developing new relationships, maintaining existing ones and executing transactions. Spruce Properties seeks to acquire and manage multi-family rental housing assets outside of New York City that are positioned to deliver stable long-term cash flow and capital appreciation. in Economics with a concentration in Finance from Duke University. Spruce Properties seeks to acquire and manage multi-family rental housing assets outside of New York City that are positioned to deliver stable long-term cash flow and capital appreciation. 1. Alan has over twenty years of industry experience in capital raising, joint ventures, programmatic equity, and strategy development. Mr. Schwartz noted that the general positivity felt in Spruces office stems from all the employees love for their work. We have worked with Brian for a number of years both as a borrower and a co-lending . Robert Schwartz in New York, NY We found 15 records for Robert Schwartz in New York, NY. Robert Schwartz S3 Capital Partners, a New York City-based private lending platform, closed 85 loans for a total of $915 million in 2019. Mr. Okrent has managed approximately 170 apartment properties, consisting of more than 40,000 units throughout the country. in Business Administration from Boston University in 2019. Mr. Racanelli previously worked at Racanelli Construction Company as an Assistant Project Superintendent, among other roles in project management. Robert Michael Schwartz, 52. Lake Shore Park is a 122-unit apartment complex within walking distance of Lake Shore, a larger property within Spruces BBK Iowa portfolio. The property was gradually improved and sold four and a half years later realizing a 16% IRR. in Business Administration and Finance from Bucknell University Freeman School of Management in 2018. 685 Third Avenue Previously, he was an AB Corporate Credit Research analyst, covering specialty finance, automotive, aerospace/defense and industrial companies. Robert Schwartz. In his role, he underwrites new and existing loans and assists with day-to-day operations. Furthermore, the 57-year-old was the founding member of the Virginia Biotechnology Association. Sam Chang has landed a $250 million loan for his upcoming project at 150 West 48th Street from S3 Capital Partners. AFFORDABLE LIVING TRUSTSLEARN MOREWILLS, TRUSTS, POWERS OF ATTORNEYLEARN MOREELDER LAW & MEDICAID PLANNINGLEARN MOREPROBATE SERVICESLEARN MORE Previous Next Law Offices of Robert D. Schwartz "Trusted attorneys with over 20 years of experience in estate planning and preparing revocable trusts. S3 Capital Partners, a lending arm of investment and development firm Spruce Capital Partners, has provided a $26 million construction loan to a trio of sponsors to help construct a mixed-use residential condominium building on the waterfront in Astoria, Queens. He graduated from the Wisconsin School of Business in May of 2022 with a B.B.A. The property offers residents a game room, gym, an outdoor lounge, and access to a pool. In this role, he is responsible for underwriting and evaluating new and existing loans, overseeing the S3 Construction portfolio, and assisting in day-to-day operations. S3 Capital Partners, a private lending platform, has closed on a $44 million construction loan to the developer of a 55-unit condominium project in Union City. Robert is related to Gerald Schwartz and Robert E Schwartz as well as 3 additional people. Jackson Gray joined S3 Capital as an analyst in June of 2022. $ 6.89 - $ 33.00. It will house 15 units, most of which will occupy either a full floor or two floors, which suggests another condo. He received his B.S. Where there once were town houses, now there will be this. In this role, he is responsible for underwriting and evaluating new and existing loans, day to day management of fund operations, and portfolio oversight. Mr. Schwartz also noted that while his studies were his number one priority in high school, he still always found time to have fun and enjoy himself. A sprawling aerie on the 67th floor of One57, Extell Developments glassy-blueskyscraper, where the citys priciest transaction for a single residence took placeearlier this year, sold to an undisclosed buyer for $28,005,375 and was the mostexpensive sale of the week, according to city records. in Business Administration from Boston University in 2019. The Crossings at Pinebrook consists of 545 apartments spread over 34 acres. Loketch Group and Meral Property Group have picked up $50 million in financing to acquire and redevelop a parcel in Brooklyns Clinton Hill, Commercial Observer first reported. In this editions installment, we speak to Ramaz parent Robert Schwartz. How well you perform matters, but luck is very important., To Require Or Not to Require- The Relationship Between Ramaz Students and Live Theater, A New Yorkers Guide Of Things To Do Over Winter Break, The Silverman Report: Homeroom- An Introverts Worst Nightmare, Student Teacher Conferences- The Ultimate Race Against Time, A Freshies View: Interviewing Asher Rosenfeld, The official newspaper of the Ramaz Upper School, Your email address will not be published. To ensure the success of each investment, Spruce employs a team of industry professionals across: S3 Capital originated a $140 million loan towards the construction of two new mixed-use towers in Mott Haven, Bronx consisting of 301 free market units, 129 affordable units, 24 extended stay hotel keys, 5,000 square feet of retail, and 210 parking spots. Within 15-minute drive to Pentagon, U.S. Patent & Trademark Office, Debt. Commercial Observer Q&A with Robert Schwartz, Founder and Partner at S3 Capital Commercial Observer Finance Weekly sat down with Robert Schwartz to discuss Spruce Capital and S3 Capital. Get the latest business insights from Dun & Bradstreet. It is also located on US Road 36, less than twenty minutes from the center of Indianapolis. Commercial Observers Finance Weekly sat down with Robert Schwartz to learn more about Spruce Capital and S3 Capital. He is responsible for managing the S3 construction portfolio and overseeing the construction draw process. Prior to founding Spruce and S3 Capital, Robert helped run a successful family business where he established and grew the familys real estate investment program. Read full article. On any given day, he can be seen fielding meetings from various banks, investors, and project managers. State lawmakers voted in May to advance legislation that would require more frequent and comprehensive checks of the properties using the 421-a tax abatement to make sure they comply with the programs requirements for affordability. Spruce Capital Partners is a privately-held, New York-based real estate investment firm that owns and finances real estate and real estate-related opportunities. Joshua Crane & Robert Schwartz. Prior to founding Spruce and S3 Capital, Robert helped run a successful family business where he established and grew the family's real estate investment program. Mr. Schwartzs motivation and work ethic came from growing up with two immigrant parents, who came to the United States with nearly nothing and worked non-stop to provide for their children. Prior to founding S3 and Spruce Capital, he was at Irongate, where he developed the Trump International Hotel and Tower at Waikiki Beach Walk. Executive Board for Europe, the Middle East, and Africa. To ensure the success of each loan investment, S3 employs a team of industry professionals across: 2023 Spruce Capital. Sales launched today at 151 East 78th Street, an Upper East Side condominium project by Spruce Capital Partners. Ari overseas the financial reporting, tax and accounting for our real estate debt funds and is responsible for implementing the firms overall compliance program. Role: Co-Principal Investigator. This site is an exceptional location located just north of Airport Blvd in the northwest quadrant of Airport/I-65 exchange. A 256-unit rental complex in Avon, just west of Indianapolis, Avon Creek provides tenants with 56 one bedroom, 152 2 bedroom, and 48 3 bedroom apartments, along with a pool overlooking a private lake. Robert began his career as an investment. Revere is an invite-only digital network for commercial real estate professionals looking to buy or sell a building, finance a project, and expand their network. At S3 Capital he is responsible for management and direction of the firm and is a member of its investment committee. Sam Lundquist Alan received his BBA from North Carolina State University, and is a Series 7, 63, and 79 Registered Representative. Alan previously worked at Heitman first as a Senior Vice President and then as the Global Head of Consultant Relations. Olga Lisina joined S3 Capital Partners in January 2017 as a Fund Accountant. Read More February 7, 2020 | GlobeSt.com Rainmakers in Debt & Equity Finance He eventually formed Spruce as a dedicated investment and development organization, in partnership with Joshua Crane, after investing in numerous transactions together for seven years. It is within ten-minute drive from Downtown Mobile, the University of South Alabama, Spring Hill College and Mobile Regional Airport. Education. Mr. Neugut received his B.A. Robert Schwartz is co-founder and principal of Spruce Capital, a successful real estate investment and development firm which owns S3 Capital. Robert Schwartz is presently a director of Elastica . Spruce Capital Partners 151 East 78th Street will rise 16 stories and house just 14 apartments. S3 Capital Partners, which specializes in funding bridge and construction loans against properties in New York City and New Jersey, originated 85 loans totaling $915 million last year. Tejiendo autonomas entre pueblos y procesos suffolk public library jobs. Co-Founder & Executive Director Emeritus Robert Schwartz co-founded Juvenile Law Center in 1975 and was its executive director from 1982 to 2015. But in a lawsuit filed Wednesday, the unidentified buyer claims that he or she discovered numerous and significant defects and deficiencies including, but not limited to, life threatening issues which required substantial and costly emergency repairs, including mold in the air-conditioning ducts, a gas leak, fungus growth and flickering lights. With the quieter feel, these apartments are still within 30 minutes of the center of Des Moines by car. Language: English. His office accepts new patients. Read More June 11, 2016 | CityBizList GFI Realty Services Arranges $6.6-Million Trade of 218-220 Park Place It has a committed pool of capital, funding construction draws and responding quickly to meet borrower needs. in political science, and his MBA from Brandeis University in Waltham, MA. The firms Principals, Joshua Crane and Robert Schwartz, lead an accomplished team of 20+ dedicated professionals with specialized market knowledge and they bring an entrepreneurial approach to uncovering and creating value. He is fluent in English and Hebrew. His job requires constant oversight, skillful management, and a strong ability to multitask. All Rights Reserved. Residential community consisting of 20 two-story buildings is located in Central Islip. Aidan recently worked at Angelo Gordon and a Los Angeles based Qualified Opportunity Fund. Lake Shore is a fifteen minute drive from downtown Des Moines. The property consists of 8 1 bedroom and 44 2 bedroom apartments. Find company research, competitor information, contact details & financial data for Spruce Capital Partners LLC of New York, NY. Class-action status bolsters tenants' overcharge case against Spruce Capital Natalie Sachmechi Share Share Bloomberg A group of Brooklyn tenants who sued their landlord in the fall for. (212) 210-0100, Ex-ABC News anchor Amy Robach and actor Andrew Shue offload West Village co-op, Stonehenge chairman sells for a big profit at Vornados 220 Central Park South, Sanctioned Russian oligarch's UES condos put straw-buying in the spotlight, Audit bill for 421-a apartment buildings pushes forward inSenate, Landlords plan another appeal tochallenge rent-stabilization laws, Fed says overvalued commercial real estate poses risk tofinancial system, Office-to-condo conversion project 1 Wall St. to welcome residents next month, MaryAnne Gilmartin opens first MAG Partners project in Chelsea. The project was built, completed, and fully leased up within 2.5 years, and successfully refinanced with a permanent loan. While most high school students today might spend their days checking their phones, in high school, Robert Schwartz spent his downtime reading real estate classifieds in the newspaper. in Finance and Management. Website. Co-Founders & Principals. Curtin Hall 617. He is a graduate of Wharton School at the University of Pennsylvania, where he serves on the Executive Board. Shakespeare and the Popular Tradition in the Theater: Studies in the Social Dimension of Dramatic Form and Function. In this role, he is responsible for underwriting and evaluating new and existing loans, overseeing the S3 construction portfolio, and assisting in day-to-day operations. In addition to hard work, Robert Schwartz also believes that success in business requires a lot of good luck and well thought-out timing. (Defendants Spruce Capital Partners LLC, S3 Capital LLC, Joshua Crane, Robert Schwartz, Peter Rosenberg, and SWS Holdings LLC assert that the only relevant party is the seller entity, Spruce 116 Waverly LLC.) He was promoted to Partner in January 2005 and took over responsibility for hiring and training new employees. Robert began his career as an investment banker at Donaldson, Lufkin & Jenrette and UBS . All Rights Reserved. 2023 Spruce Capital. Robert Schwartz, Senior Vice President and Portfolio Manager, joined AB in 2012 as a corporate research analyst, covering specialty finance, automotive, aerospace/defense and industrial companies. Brett Schenkman joined S3 Capital Partners in 2021 as an Analyst. 535 Madison Ave Fl 19, New York, New York, 10022, United States (212) 300-8800 Spruce Capital Profile and History The principals and founders of Spruce Capital Partners, Dr. Ganesh Kishore, Dr. Roger Wyse, and Greg Young, are well known investors and thought leaders in the biogreentech sector. January 12, 2015 | The Wall Street Journal. For over 100 years, Gardiner Roberts has combined the benefits of a full-service law firm with the dexterity of a mid-sized one. Release date: 05-25-21. He analyzed the same industries as a senior credit analyst at Citadel Investment Group and Bell Point Capital Management. He received his B.S. Resilience Capital Partners is part of the Finance industry, and located in Ohio, United States. The allegations are unfounded, and we intend on vigorously defending ourselves, Matan Kurman of Spruce Capital previously told The Real Deal. He is a Certified Public Accountant licensed in New York State. 435 units in Silver Spring, Maryland, centrally close to downtown Washington D.C. Robert Schwartz , W'97 Co-Founder and Managing Principal Spruce Capital Partners Yvonne Stevens, WG'91 Co-Founder & Managing Partner Halsey Point Asset Management, LLC Geoffrey Strong, WG'06 Co-Head of Infrastructure and Natural Resources Apollo Global Management, Inc. Nick Thakore, WG'93 Chief Investment Officer and Founder Diametric Capital Spruce Capital Partners, Co-Founder & Managing Partner Robert Schwartz is co-founder and principal of Spruce and S3 Capital, and leads acquisitions, financing and day-to-day management for the firm. Representatives for Spruce Capital did not immediately respond to a request for comment. She has a B.S. If the redevelopment of the Steinway & Sons piano store in Midtown were a song, it would be a long one, with some dramatic pauses and a bit of dissonance. She has a B.S in Business Management from CUNY College of Staten Island. In its demure and quiet way, a new development at 151 East 78th Street looks to be one of the more promising projects in the city, even though its actual construction has not yet begun. Prior to founding Spruce Capital, Mr. Schwartz helped to run a successful family business where he established the familys real estate investment program. This has been a punishing winter for New Yorkers. 2023 Spruce Capital. Bob (Robert) Schwartz of Stony Plain, born in Winnipeg, Manitoba on February 3, 1943, passed away on Friday, November 22, 2019 at 76 years young. Spruce identified 344 workforce housing units 10 miles outside of Washington DC which they purchased in October 2013 for a total cost of $72mm ($17.75mm Equity). Company Description:? Transactions. 2023 Spruce Capital. Developers Loketch Group and Meral Property Group plan to construct 90 homes on the site, including condos in the existing building and 41 rentals in a brand-new one, mortgage lender S3 Capital Partners told the Commercial Observer earlier this month. JDS Development Group and Property Markets Group launched sales at 111 West 57th Street last week for owner, Spruce Capital. Select the best result to find their address, phone number, relatives, and public records. zip: 10022-6909. joshua crane real estate spruce capital. It is 1.5 miles north of Walmart Super-center and is withing a ten-minute drive to the University of South Alabama,Spring Hill College, Amazon, Downtown Mobile and Mobile Regional Airport. ABOUT. He is lovingly remembered by his sons: Steven of Edmonton, Robbie (Marina) of Spruce Grove; grandchildren, Brandon, Alyssa and Alisha, and a brother Howard (Letty) and sister in-law Barbra Rudy of . Renovation February 2023. Development January 2023. The unit mix is 88 one bedroom, 196 two bedroom, and 29 three bedroom apartments. Overview. Prior to joining S3, she worked as a Payroll Manager and Accountant at Branded Restaurants USA. Robert had died from 32 stab wounds, and had an 'X' carved into his neck. He is a graduate of the Wharton School at the University of Pennsylvania, where he serves on the Executive Board. Prior to this role, Mr. Neugut initially worked on Spruce Capitals real estate credit platform, S3 Capital, where he helped grow the portfolios AUM from $275M to $1.5B. A group of Brooklyn tenants who suedtheir landlord in the fall for violating rent-regulation laws may move forward as a class, a state Supreme Court judge ruled Thursday, bolstering their case. As part of this role, he helped start and oversaw S3 Capitals large balance loan portfolio, which grew to $1B of AUM within 2 years of inception. in Statistics from Columbia University in 2017. All Rights Reserved. Transactions: Over 475 loans since inception Regular price: $17.35. Prior to his role at S3, Sam had several internships in residential brokerage, development marketing, and investment banking. Transactions: Over 475 loans since inception, Track Record: In excess of $3.5 billion in loans, Provides real estate bridge and construction financing secured by recorded first liens, Closed over 340 first mortgages totaling >$2 billion, Originate loans up to $15 million with dedicated funds, and loans in excess of $15 million with discretionary special purpose vehicles, Focus: Multi-Family Housing Outside of NYC, Multi-family rental apartments outside of New York City, Characterized by consistent cash flow, 10-year investment horizon, and steady risk-adjusted returns, Properties with stable demographics, attractive cost-basis, and potential for long-term appreciation. Robert Schwartz and Joshua Crane, co-founders of real estate development and investment fi rm Spruce Capital Partners, looked at dozens of townhouses before they purchased this property on Waverly Place through an LLC in 2010 for $6.85 million. zip: 10022. joshua mr. crane real estate spruce capital. On the day I visited Mr. Schwartz at his midtown office, I was impressed not just by how modern and open the space was, but more importantly, by how happy all the employees looked. During this time he gained experience planning and executing complex operational missions. Since June 2000, Robert Schwartz has been Managing Partner of Third Point Ventures, the Sunnyvale, California based venture capital arm of Third Point LLC, which is a registered investment adviser based in New York and the investment manager of the Third Point Funds (AUM over $17B). Prior to S3, Nick worked at Apprise by Walker & Dunlop as an Associate Commercial Real Estate Appraiser. Given that the building contains 127 units, its possible that more than 400 tenants can join the lawsuit, Ferrara said. Mr. Stein previously worked at EMCO Plumbing and has five years of onsite construction management experience. Key Principal: ROBERT SCHWARTZ See more contacts Industry: Investors, nec. But despite the projects yearslong struggles with escalating costs, infighting and lawsuits, the developers of the sky-high condo at 111 West 57th Street hope the building will still impress potential buyers. Spruce Properties owns multifamily rental units throughout the United States with a focus on acquiring assets with consistent cash-flows in markets with strong economic trends. Lived In Wellington FL, Grant FL, Westfield MA, Lake Worth FL. Robert began his career as an . Now the tenants can present a class-action suit, which results in a stronger case against the owner, said Lucas Ferrara, one of the attorneys representing the tenants.
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